UAW Strike update: Ford, GM, Stellantis all offer 23% wage increase, end wage tiers, and more

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UAW Strike update: Ford, GM, Stellantis all offer 23% wage increase, end wage tiers, and more
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For the first time in a week, UAW President Shawn Fain talked negotiations with Detroit's Big Three as Friday marks 36 days of the union' standup strike.

Fain announced a 4 p.m. ET update from the UAW's Solidarity House in Detroit. According to the notification from the UAW, Fail will be giving bargaining updates between the union and

He then started by discussing UAW members striking against other organizations outside of Detroit's Big Three – including Mack Truck, General Dynamics – as well as the casino union members striking against Detroit's casino. "Our ability to hold out, to hit the companies economically, and to withhold our labor, this is our leverage and this is our path to victory," he said.

Fain said the strike last week against Ford's Kentucky plant sent a message to all three of Detroits' automakers and that Stellantis and GM have sat up and paid attention.Then Fain laid out a blistering attack on Ford, where he hit Executive Chair Bill Ford for his comments on how the UAW and Ford should be working together and not against each other.

Fain showed that all three of Detroit's automakers have agreed to a 23% wage increase over the next four years. All three companies have also eliminated wage tiers while Ford has gotten the progression down to three years. GM is at three years while Stellantis is at four. Both of these are down from where the contract was, at eight years.

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